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Sam Ash Music Hits Ch. 11, Plans To End 100-Year Retail Run

By Alex Wittenberg (May 9, 2024, 11:38 AM EDT) -- Sam Ash Music, a 100-year-old music instrument retailer, filed for Chapter 11 protection in New Jersey bankruptcy court with up to $500 million in debt and plans to close its 42 stores in the U.S., citing weakened sales as customers shifted to online shopping during the COVID-19 pandemic....

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